Westside Community Development District

Agenda December 5, 2018

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Westside
Community Development District
135 W. Central Blvd., Suite 320, Orlando, FL 32801
Phone: 407-841-5524- Fax: 407-839-1526

November28,2018

Board of Supervisors Westside Community Development District

Dear Board Members:

The Board of Supervisors of Westside Community Development District will meet Wednesday, December 5, 2018 at 11:00 AM at the Offices of Hanson, Walter & Associates, 8 Broadway Avenue, Suite 104, Kissimmee, FL 34741. Following is the advance agenda for the meeting:

Roll Call
Public Comment Period
Organizational Matters
Appointment of Individuals to Fulfill Seats #3 & #5
Administration of Oaths of Office to Newly Appointed Board Members
Election of Officers
Consideration of Resolution2019-07 Electing Officers
Approval of Minutes of the November 7, 2018 Board of Supervisors Meeting and Acceptance of Minutes of the November 7,2018 Landowners' Meeting
Consideration of Resolution 2019-05 Approving the Bifurcation of the Outstanding Series2005 &2007 Special Assessment Revenue Bonds
Consideration of Resolution 2019-06 Authorizing Staff to Commence Work on Solara Phase2 Bonds and Funding Agreement with Developer
Staff Reports
Attorney
Engineer
District Manager's Report
Approval of Check Register
Balance Sheet and Income Statement
Discussion of Direct Bill Status
Supervisor's Requests
Other Business
Adjournment

The second order of business is the Public Comment Period where the public has an opportunity to be heard on propositions coming before the Board as reflected on the agenda, and any other items.

The third order of business is the Organizational Matters. Section A is the appointment of individuals to fulfill Seats #3 & #5 and Section B is the administration of the Oath of Office to the newly appointed Board Members. There is no back-up material. Section C is the election of

officers and Section D is the consideration of Resolution 2019-07 electing officers. A copy of the Resolution is enclosed for your review.

The fourth order of business is the approval of the minutes of the November 7, 2018 Board of Supervisors meeting and acceptance of the minutes of the November 7, 2018 Landowners' meeting. The minutes are enclosed for your review.

The fifth order of business is the consideration of Resolution 2019-05 approving the bifurcation of the outstanding Series 2005 & 2007 special assessment revenue bonds. A copy of the Resolution is enclosed for your review.

The sixth order of business is the consideration of Resolution 2019-06 authorizing staff to commence work on Solara  Phase  2 bonds and approve funding agreement with the  developer. A copy of the Resolution and form of funding agreement are enclosed for your review.

The seventh order of business is the Staff Reports. Section C is the District Manager's Report. Section 1 includes the check register for approval and Section 2 includes the balance sheet and income statement for review. Section 3 is the discussion of the direct bill status. A copy of the summary is enclosed for your review.

The balance of the agenda will be discussed at the meeting. In the meantime, if you have any questions, please contact me.

Sincerely,

George 5. Flint District Manager

CC:	Jan Carpenter, District Counsel Mark Vincutonis, District Engineer Darrin Mossing, GMS

Enclosures

SE-CTION	111

SECTION D

RESOLUTION 2019-07
A RESOLUTION ELECTING OFFICERS OF THE WESTSIDE COMMUNITY DEVELOPMENT DISTRICT

WHEREAS, the Board of Supervisors of the Westside Community Development District at a regular business meeting held on December 5, 2018 desires to elect the below recited persons to the offices specified.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE WESTSIDE COMMUNITY DEVELOPMENT DISTRICT:

1. The following persons were elected to the offices shown, to wit:

Chairman
Vice Chairman Treasurer
Assistant Treasurer Secretary
Assistant Secretary Assistant Secretary Assistant Secretary Assistant Secretary

PASSED AND ADOPTED THIS 5th DAY OF DECEMBER, 2018.

Chairman / Vice Chairman

Secretary / Assistant Secretary

MINUTES

MINUTES OF MEETING WESTSIDE
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Westside Community Development District was held Wednesday, November 7, 2018 at 11:02 a.m. at the offices of Hanson Walter & Associates, 8 Broadway Avenue, Suite 104, Kissimmee, Florida.

Present and constituting a quorum were:
Keith Trace Tom Franklin Scott Stewart
Also present were:
George Flint Andrew d'Adesky Mark Vincutonis Bennet Ruedas Darrin Mossing Darrin Mossing, Jr. Justin Rowan

FIRST ORDER OF BUSINESS
Mr. Flintcalled the meeting to order.

Chairman Vice Chairman
Assistant Secretary

District Manager District Counsel District Engineer
Mattamy Homes by phone GMS
GMS
MBS Capital Markets, LLC

Roll Call

Mr. Flint being a Notary Public of the State of Florida administered the Oath of Office to Mr. Franklin.

SECOND ORDER OF BUSINESS	Public Comment Period
There being none, the next item followed.

THIRD ORDER OF BUSINESS	Organizational Matters
Appointment of Individuals to Fill Seats 3 & 5

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Mr. Flint stated seats 3 and 5 become vacant on the 20th	One of the seats is currently
vacant and the other seat is occupied by Mr. Stewart and my understanding is that Mr. Stewart

November 7, 2018	Westside Community Development District

would be willing to continue to serve in that seat until such time as the Board finds a general elector to appoint.
Administration  of Oaths	of Office to Newly Elected/Appointed Board Members
Consideration of Resolution 2019-03 Canvassing and Certifying the Results of the Landowners' Election
Mr. Flint stated Resolution 2019-03 canvasses and certifies the results of the Landowners' Election. We will insert in that resolution Mr. Franklin's name and 3 00 votes.

On MOTION by Mr. Trace seconded by Mr. Stewart with all in favor Resolution 2019-03 was approved.

Consideration of Resolution 2019-04 Electing Officers
Mr. Flint stated after each election you are required to consider election of officers. Since the general election seats have not yet transitioned you are currently operating without a Chairman. Mr. Trace is Vice Chairman, Mr. Franklin is not designated, Mr. Stewart is an Assistant Secretary and Ms. Nyariri is undesignated.

On MOTION by Mr. Trace seconded by Mr. Stewart with all in favor Resolution 2019-04 reflecting the following officers was approved: Keith Trace Chairman, Tom Franklin Vice Chairman, Scott Stewart, Fontane Nyariri Assistant Secretaries, Ariel Lovera Treasurer, George Flint Secretary and Jason Showe Assistant Secretary.

FOURTH ORDER OF BUSINESS	Approval of the Minutes of the October 3,
2018 Meeting

On MOTION by Mr. Trace seconded by Mr. Stewart with all in favor the minutes of the October 3, 2018 meeting were approved as presented.

FIFTH ORDER OF BUSINESS	Consideration	of	Investment	Banking
Agreement with MBS Capital Markets, LLC
Mr. Rowan stated I would be happy to answer any questions regarding our sontract or our experience; essentially the members of our firm have collectively I 00 years experience and we

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November 7, 2018	Westside Community Development District

have issued over $12 Billion in special District bonds with 350 issuers in over 900 transactions. We have worked with the developer before in other districts.
Mr. d'Adesky stated the only comment from staff was going with our standard 30 day no fault out and that is the one revision to this agreement.
Mr. Flint stated the next bond issue MBS will be working on is related to the Solara development. They are not involved in the current bifurcation process.

On MOTION by Mr. Franklin seconded by Mr. Stewart with all in favor the investment banking agreement with MBS Capital Markets, LLC was approved as amended.

SIXTH ORDER OF BUSINESS	Ratification of Amended Resolution 2018-07
Mr. d'Adesky stated next is ratification of amended Resolution 2018-07. There is a scrivener's error in the legal description included with the exhibit, Tract A was omitted. The intent of the resolution when it was initially passed was to encompass all platted parcels to the COD as part of Phase 1 and that has been corrected and all those parcels have been transferred over to the COD. This is just a cleanup to make sure we are papering our acceptance of those parcels.

On MOTION by Mr. Trace seconded by Mr. Stewart with all in favor Amended Resolution 2018-07 was ratified.

SEVENTH ORDER OF BUSINESS	Consideration	of	Revised	Reallocation
Assessment Report for Parcel K
Mr. Flint stated items seven and eight are related to the bifurcation of the 2005 and 2007 Bonds. The bondholder has asked that both bond series be split basically between good bonds and bad bonds and we have been going through a process with the Trustee, Lerner, who is consultant for the bondholders and they have retained FMSbonds to run numbers on their behalf. We originally were hoping that we would have the bifurcation resolution ready for action today for the Board, however, there are a number of exhibits to that resolution that are still not available for review. As a result of that and discussion with some of the other parties this morning they initially asked if the Board would consider continuing this meeting a week or two, however, with the upcoming Thanksgiving holiday and the additional cost of a special meeting

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November 7, 2018	Westside Community Development District

our recommendation is that we defer this to the December 5th meeting. They were okay with that. Their goal is to get it done and closed before the end of the calendar year so they should be able to get done what they need to get done with an action on December 5th•
Mr. d'Adesky stated we have already done the authorization resolution and there is a significant amount of work on the staffs side that is going to be involved in this so I think December 5th is a realistic date as opposed to two days from now.
Mr. Flint stated we had a draft methodology ready if we neJded to present this morning, but we prefer to have a little more time for that and also the other exhibits that are referenced in the resolution are not ready and the Board should have an opportunity to review those before you are asked to take action.
Mr. Trace stated it looks like a bifurcation then also a buy-down possibly of some density. I want to make sure it didn't affect our O&M allocation to that parcel (Parcel K) ifthey are buying down density.
Mr. Flint stated we will look at the O&M but ultimately whatever the density becomes is
going to impact because if it is planned for 500 and they end up platting 100 there will be an impact on the O&M side. On the debt side there can't be, they would either have to write down or pay down the difference. We will take that question and make sure we can answer it next month.

EIGHTH ORDER OF BUSINESS

This item was deferred.

NINTH ORDER OF BUSINESS
Attorney

Consideration of Resolution 2019-05 Approving the Bifurcation of the Outstanding Series 2005 & 2007 Special Assessment Revenue Bonds

Staff Reports

Mr. d'Adesky stated we have been working with Mattamy to clarify some of the conveyances to clean up the resolution. We will work with Justin on any work related to the new issuance and getting an authorization to allow staff to proceed on that.

Engineer
There being none, the next item followed.

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November 7, 2018	Westside Community Development District

Manager
Approval of Check Register
Mr. Flint presented the check register from September 27, 2018 through October 30, 2018 in the amount of $23,011.30.

On MOTION by Mr. Stewart seconded by Mr. Trace with all in favor the check register was approved.

Balance Sheet and Income Statement
A copy of the balance sheet and income statement were included in the agenda package.

Discussion of Direct Bill Status
Mr. d'Adesky stated Boanerge paid up, which is significant, that is the Bahama Bay II parcel that we had sent demand letters and they finally paid up.

TENTH ORDER OF BUSINESS	Supervisor's Requests
Mr. Franklin stated I would like to be brought up to date since the last time I was on this
Board.
Mr. Flint stated the information memorandum that is going to be part of the bifurcation
hopefully, will be educational and should summarize the current status of where we are, the delinquents and foreclosures.

ELEVENTH ORDER OF BUSINESS
There being none,

Other Business

On MOTION by Mr. Trace seconded by Mr. Stewart with all in favor the meeting adjourned at 11:17 a.m.

Secretary/Assistant Secretary	ChairmanNice Chairman

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MINUTES OF MEETING WESTSIDE
COMMUNITY DEVELOPMENT DISTRICT

The Westside Community Development District held a Landowners' Meeting Wednesday, November 7, 2018 at 11:00 a.m. at the offices of Hanson Walter & Associates, 8 Broadway Avenue, Suite 104, Kissimmee, Florida.
Present were:

Keith Trace Scott Stewart Tom Franklin George Flint
Andrew d'Adesky Mark Vincutonis Bennett Ruedas Darrin Mossing Darrin Mossing, Jr. Justin Rowan

FIRST ORDER OF BUSINESS	Determination of Number of Voting Units
Represented
Mr. Flint stated I have been provided a Landowner proxy from Mattamy Orlando LLC naming Keith Trace as the proxyholder and it is signed by Keith Trace as the Landowner and the appropriate backup is attached indicating that Keith is authorized to sign on behalf of Mattamy Orlando LLC. It indicates that Mattamy Orlando LLC has 3 14 authorized votes. There are no other Landowners represented today.
SECOND ORDER OF BUSINESS	Call to Order
Mr. Flint called the Landowner meeting to order.

THIRD ORDER OF BUSINESS	Election of a Chairman for the Purpose of
Conducting the Landowners Meeting
Mr. Flint asked will you elect me as Chairman for purposes of conducting the Landowners' Meeting?
Mr. Trace stated yes.

November 7, 2018	Westside Community Development District

FOURTH ORDER OF BUSINESS	Nominations for Position of Supervisor
Mr. Flint stated there is one seat, Seat 4, that is up for Landowner Election and Mr. Trace has provided me with his ballot nominating Mr. Thomas Franklin. There being no other nominations we will close the floor for nominations.

FIFTH ORDER OF BUSINESS	Casting of Ballots

SIXTH ORDER OF BUSINESS	Ballot Tabulation
Mr. Flint stated I have been provided with a ballot casting 300 votes for Mr. Franklin for Seat no. 4.

SEVENTH ORDER OF BUSINESS	Landowners Questions and Comments
There being none, the Landowners' Meeting adjourned.

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SECTION V

RESOLUTION 2019-05
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE WESTSIDE COMMUNITY DEVELOPMENT DISTRICT APPROVING THE BIFURCATIONS (THE "BIFURCATIONS") OF THE WESTSIDE COMMUNITY DEVELOPMENT DISTRICT'S OUTSTANDING (A) SPECIAL ASSESSMENT REVENUE BONDS, SERIES 2005 INTO SPECIALASSESSMENT REVENUE BONDS, SERIES 2005-1 AND SPECIAL ASSESSMENT REVENUE BONDS, SERIES 2005-2 (COLLECTIVELY, THE "SERIES 2005-1/2 BONDS") AND (B) SPECIAL ASSESSMENT REVENUE BONDS, SERIES 2007 INTO SPECIAL ASSESSMENT REVENUE BONDS, SERIES 2007-1 AND SPECIAL ASSESSMENT REVENUEBONDS, SERIES 2007-
2 (COLLECTIVELY, THE "SERIES 2007-1/2 BONDS"), AND SETTING FORTH THE TERMS THEREOF; APPROVING THE FORM OF AND AUTHORIZING THE DELIVERY OF A TERM SHEET; APPROVING THE FORM OF AND AUTHORIZING THE EXECUTION AND DELIVERY OF AN AMENDED AND RESTATED SECOND SUPPLEMENTAL TRUST INDENTURE, RELATING TO THE SERIES 2005-1/2 BONDS AND AN AMENDED AND RESTATED THIRD SUPPLEMENTAL TRUST INDENTURE, RELATING TO THE SERIES 2007-1/2 BONDS; AUTHORIZING THE PREPARATION AND EXECUTION OF AN INFORMATION MEMORANDUM WITH RESPECT TO THE BIFURCATIONS DESCRIBED HEREIN; AUTHORIZING THE EXECUTION OF A CONTINUING DISCLOSURE AGREEMENT; AUTHORIZING THE PROPER OFFICIALS TO EXECUTEALL DOCUMENTS AND DO ALL TIDNGS DEEMED NECESSARY IN CONNECTION WITH THE BIFURCATIONS CONTEMPLATED HEREIN, AND RATIFYING PRIOR OR SUBSEQUENT ACTS; AND PROVIDING FOR CONFLICTS, SEVERABILITY AND AN EFFECTIVE DATE AND FOR CERTAIN OTHER MATTERS.
WHEREAS, the Westside Community Development District (the "District") was established in accordance with the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes, as amended (the "Act") by Ordinance No. 04-34 duly enacted by the Board ofCounty Commissioners ofOsceola County, Florida, and the District is validly existing under the Constitution and laws of the State of Florida; and
WHEREAS, the District comprises approximately 1,148.90 gross acres (the "District Lands"); and
WHEREAS, pursuant to Resolution No. 2005-13, adopted by the Board of Supervisors of the District (the "Board") on October 12, 2004, as supplemented by Resolution No. 2005-30, adopted by the Board on June 7, 2005, the District authorized the issuance, sale and delivery of

not to exceed $85,000,000 in aggregate principal amount ofits Westside Community Development District Special Assessment Revenue Bonds (the "Bonds0), issuable in one or more series from time to time; and
WHEREAS, on February 9, 2005, the District issued $4,000,000 in aggregate principal amount of its Bond Anticipation Notes, Series 2005 (the "Series 2005 Notes") under and pursuant to the Master Trust Indenture (the "Master Indenture"), as supplemented by that certain First Supplemental Trust Indenture, each dated as ofFebruary 1, 2005, by and between the District and
U.S. Bank National Association, as successor trustee to SunTrust Bank (the "Trustee"); and
WHEREAS, on December 5, 2005, the District issued $17,525,000 in aggregate principal amount of its Special Assessment Revenue Bonds, Series 2005 (the "Series 2005 Bonds"), under the terms of the Master Indenture, as supplemented by that certain Second Supplemental Trust Indenture (the "Second Supplemental Indenture" and, together with the Master Indenture, the "Series 2005 Indenture"), dated as of December 1, 2005, by and between the District and the Trustee; and
WHEREAS, the Series 2005 Bonds were issued to redeem the Outstanding Series 2005 Notes and finance approximately $9,800,000 of certain master infrastructure and improvements on District Lands (the "Series 2005 Project") included in the Westside Community Development District Engineer's Report for Phase 1 & 2 prepared by Hanson, Walker & Associates, Inc., as revised November 10, 2005; and
WHEREAS, the Series 2005 Bonds were validated by finaljudgment ofthe Ninth Judicial Circuit Court in and for Osceola County, Florida, on March 30, 2005; and
WHEREAS, pursuant to the Act, Chapter 170, Florida Statutes, and Resolution Nos. 2005- 25, 2005-26, 2005-29, and 2006-5, the District levied and imposed certain non ad-valorem special assessments (the "Series 2005 Special Assessments") on certain developable real property on benefitted land within the District that would specially benefit from the facilities and services provided by the Series 2005 Project; and
WHEREAS, the Series 2005 Special Assessments are the primary source of payment for the Series 2005 Bonds and are assessed pursuant to the methodology as described in the First Supplemental Special Assessment Allocation Report Westside Community Development District Special Assessment Revenue Bonds, Series 2005 Report, prepared by Rizzetta & Company, Inc., dated December 6, 2005; and
WHEREAS, on December 1, 2007, the District issued $17,510,000 in aggregate principal amount ofits Special Assessment Revenue Bonds, Series 2007 (the, "Series 2007 Bonds"), under the terms of the Master Indenture, as supplemented by that certain Third Supplemental Trust Indenture (the "Third Supplemental Indenture" and, together with the Master Indenture, the "Series 2007 Indenture") dated as of December 1, 2007, by and between the District and the Trustee; and
WHEREAS, the Series 2007 Bonds were validated in the not to exceed the aggregate amount of $67,475,000 by the Circuit Court of the Ninth Judicial Circuit in and for Osceola County, Florida, in a final judgment validating the Series 2007 Bonds on September 4, 2007; and

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WHEREAS, the Series 2007 Bonds were issued to finance $14,400,000 ofcertain master infrastructure and improvements on District Lands, and the acquisition of an approximately 42 acre school site (collectively, the "Series 2007 Project"), as described in the Westside Community Development District Engineer's Report for Phase 1, 2 & 3, prepared by Hanson, Walker, & Associates, Inc. dated October 29, 2007; and
WHEREAS, pursuant to the Act, Chapter 170, Florida Statutes, and Resolution Nos. 2007- 10, 2007-11, and 2008-7, the District levied and imposed certain non-ad-valorem special assessments (the "Series 2007 Special Assessments") on certain developable real property on benefited lands within the District that would specially benefit from the facilities and services provided by the Series 2007 Project; and
WHEREAS, the Series 2007 Special Assessments are the primary source of payment for the Series 2007 Bonds and are assessed pursuant to the methodology as described in the Final Assessment Allocation Report for Westside Community Development District Special Assessment Revenue Bonds, Series 2007 prepared by Rizzetta & Company, Inc., dated November 19, 2007; and
WHEREAS, the Series 2005 Special Assessments and the Series 2007 Special Assessments are levied on the same portions of developable property within the District Lands; and

WHEREAS, due to the economic downturn and the District not receiving adequate revenue generated from payments of the Series 2005 Special Assessments and the Series 2007 Special Assessments by certain landowners, the Board adopted Resolution No. 2009-05, on July 7, 2009, declaring an Event of Default under the Series 2005 Indenture and the Series 2007 Indenture with respect to delinquent payments of the Series 2005 Special Assessments (the "Delinquent Series 2005 Special Assessments") and delinquent payments of the Series 2007 Special Assessments (the " Delinquent Series 2007 Special Assessments" and, together with the Delinquent Series 2005 Special Assessments, the "Delinquent Special Assessments"), respectively, on portions ofthe District Lands (the "Delinquent Lands"); and
WHEREAS, the Trustee, at the direction of the sole beneficial owner of the Series 2005 Bonds and Series 2007 Bonds (the "Bondholder") created Westside CDD Holdings, Inc., a Florida corporation (the "SPE") as a special purpose entity to take title to and facilitate a repositioning of certain portions of the Delinquent Lands (the "Repositioned Land") for the benefit of the Bondholder; and
WHEREAS, contemporaneously with the creation of the SPE and the transfer of the Repositioned Land to the SPE, for the benefit of the Bondholder, the SPE also entered into a Management and Brokerage Agreement with Lerner Real Estate Advisors, Inc., and Lerner Real Estate Advisors Realty, Inc. (collectively, "Lerner") and the Trustee to manage and market the Repositioned Land; and
WHEREAS, as part of Lerner's duties, Lerner obtained and negotiated certain offers for the sale and purchase ofportions of the Repositioned Land (the "Sales Transactions") encumbered by the Series 2005 Special Assessments and the Series 2007 Special Assessments; and

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WHEREAS, the Repositioned Land subject to the Sales Transactions are performing and paying the Series 2005 Special Assessments and the Series 2007 Special Assessments and are no longer expected to have Delinquent Special Assessments (the "Performing Assets"); and
WHEREAS, the SPE remains the owner of a certain parcel comprising a portion of the Repositioned Land referred to herein as "Parcel K"; and
WHEREAS, along with Parcel K, there continues to be certain Delinquent Lands for which the Series 2005 Special Assessments and the Series 2007 Special Assessments remain delinquent (collectively, the "Non-Performing Assets"); and
WHEREAS, the District has determined that it is in its best interest to facilitate the bifurcation of the Series 2005 Bonds and the Series 2007 Bonds (the "Bifurcations") to properly align the Performing Assets and Non-Performing Assets with the separate Series 2005 Bonds and the Series 2007 Bonds as set forth in the [Supplemental Assessment Methodology Report dated
-- -, 2018, by     ----� (the "Revised Supplemental Methodology Report") attached hereto as Exhibit E; and
WHEREAS, the District has determined that the Bifurcations will, among other things, provide the opportunity for the orderly and continued development ofthe remaining developable land within the District; and
WHEREAS, the District now seeks to restructure the Repositioned Lands by separating the Performing Assets and the Non-Performing Assets visive the Bifurcations ofthe (i) Series 2005 Bonds to the (A) Special Assessment Revenue Bonds, Series 2005-1 (the "Series 2005-1 Bonds"), relating to the Performing Assets, and (B) Special Assessment Revenue Bonds, Series 2005-2 (the "Series 2005-2 Bonds" and, together with the Series 2005-1 Bonds, the "Series 2005- 1 /2 Bonds"), relating to the Non-Performing Assets, and (ii) Series 2007 Bonds into the (A) Special Assessment Revenue Bonds, Series 2007-1 (the "Series 2007-1 Bonds"), relating to the Performing Assets, and
Special Assessment Revenue Bonds, Series 2007-2 (the "Series 2007-2 Bonds" and, together with the Series 2007- 1 Bonds, the "Series 2007-1/2 Bonds"), relating to the Non-Performing Assets; and
WHEREAS, in consideration of the foregoing, the District has resolved to facilitate and execute all documents necessary to carry out the Bifurcations; and
WHEREAS, in furtherance of the Bifurcations, the SPE, the District, and the Trustee, at the direction and with the consent ofthe Bondholder, have agreed to the Bifurcations; and
WHEREAS, there has been submitted to the Board at this meeting, with respect to the Bifurcations, the following documents:
a form ofthe Term Sheet, setting forth the terms ofthe Bifurcations attached hereto as Exhibit A; and
a form of(A) the Amended and Restated Second Supplemental Trust Indenture (the "Amended and Restated Second Supplemental Indenture" and, together with the Master Indenture, the "Series 2005-1/2 Indenture") relating to the Series 2005-1/2 Bonds

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attached hereto as Exhibit B-1, and (B) the Amended and Restated Third Supplemental Trust Indenture (the "Amended and Restated Third Supplemental Indenture" and, together with the Master Indenture, the "Series 2007-1/2 Indenture" and, together with the Series 2005-1/2 Indenture, the "Amended and Restated Supplemental Indentures"), relating to the Series 2007-1/2 Bonds attached hereto as Exhibit B-2, and each between the District and the Trustee; and
a form of Information Memorandum to be issued in connection with the Bifurcations and attached hereto as Exhibit C; and
a form of Continuing Disclosure Agreement between the District and each landowner constituting an obligated person as described therein, and joined in by the Trustee, attached hereto as Exhibit D; and

a  [Supplemental Assessment Methodology Report]  dated  �(

---�]

and prepared by '--------	� attached hereto as Exhibit E; and
WHEREAS, capitalized terms used herein and not otherwise expressly defined herein shall have the meanings ascribed thereto in the Amended and Restated Supplemental Indentures; and

WHEREAS, the District desires to authorize the actions necessary to accomplish the foregoing, including authorizing and approving various instruments to be executed and delivered in connection therewith; and
NOW, THEREFORE, BE IT RESOLVED by the Board of Supervisors of Westside Community Development District, as follows:
Section 1. Incorporation of Recitals. All ofthe above representations, findings and determinations contained above are recognized as true and accurate and are expressly incorporated into this Resolution.
Section 2. Terms. All capitalized terms which are not otherwise defined herein shall have the meaning defined in the Amended and Restated Supplemental Indentures.
Section 3. Authorization of the Bifurcations; Transfer of Funds; Pavment of the Costs of Issuance. The District is hereby authorized and directed to bifurcate the: $8,205,000 Outstanding principal amount ofWestside Community Development District Special Assessment Bonds, Series 2005, into (i) $2,350,000 aggregate principal amount of Westside Community Development District Special Assessment Bonds, Series 2005-1, relating to the Performing Assets, and (ii) $5,855,000 aggregate principal amount of Westside Community Development District Special Assessment Bonds, Series 2005-2, relating to the Non-Performing Assets. The Board hereby further authorizes and directs the bifurcation of: $7,005,000 Outstanding principle amount of Westside Community Development District Special Assessment Bonds, Series 2007, into (i)
$730,000 aggregate principal amount of Westside Community Development District Special Assessment Bonds, Series 2007-1, relating to the Performing Assets, and (ii) $6,275,000 aggregate principal amount of Westside Community Development District Special Assessment Bonds, Series 2007-2, relating to the Non-Performing Assets.

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The Series 2005-1/2 Bonds shall be issued under and secured by the Master Indenture and the Amended and Restated Second Supplemental Indenture. The Series 2007-1/2 Bonds shall be issued under and secured by the Master Indenture and the Amended and Restated Third Supplemental Indenture. The Amended and Restated Supplemental Indentures are hereby incorporated into this Resolution as if set forth in full herein. The final aggregate principal amounts ofthe Series 2005-1/2 Bonds and Series 2007-1/2 Bonds may change from the amounts stated in this Section 3 based on Outstanding principal amounts of the Series 2005 Bonds and the Series 2007 Bonds, which changes shall be approved by the Chairman or Vice Chairman of the Board (the "Chairman" and "Vice Chairman," respectively) or any member of the Board designated by the Chairman in writing (a "Designated Member"), with execution of the Amended and Restated Supplemental Indentures, constituting conclusive evidence of approval.
The District hereby determines that the Series 2005-1/2 Bonds and the Series 2007-1/2 Bonds shall be dated such date, shall mature in the amounts and at the times, shall bear interest at the rates, and be redeemable at the redemption prices all as provided in the Amended and Restated Supplemental Indentures.
. The Board specifically authorizes the transfer of funds on deposit in the Funds and Accounts held under the Series 2005 Indenture and the Series 2007 Indenture securing the repayment of the Series 2005 Bonds and the Series 2007 Bonds, respectively, to the respective Funds and Accounts held under the Amended and Restated Second Supplemental Indenture and the Amended and Restated Third Supplemental Indenture on a pro-rata basis by the Trustee.
The Board specifically authorizes the payment of costs of issuance related to the Bifurcations to be paid from the Funds and Accounts held under the Series 2005 Indenture and the Series 2007 Indenture.
Section 4. Approval of the Term Sheet. The Board hereby approves the form of Term Sheet related to the Bifurcations attached hereto as Exhibit A with such changes therein as shall be approved by the Chairman, Vice Chairman, or Designated Member.
Section 5. The Amended and Restated Second Supplemental Indenture and the Amended and Restated Third Supplemental Indenture. The Board hereby approves the form ofthe Amended and Restated Second Supplemental Indenture attached hereto as Exhibit B-1, and the Amended and Restated Third Supplemental Indenture attached hereto as Exhibit B-2, and authorizes the execution thereof by the Chairman, Vice Chairman, or a Designated Member, and the attestation thereof by the Secretary or any Assistant Secretary of the Board (collectively referred to herein as the "Secretary"), and the delivery of such Amended and Restated Supplemental Indentures in substantially the forms attached hereto, with such changes therein as shall be approved by the Chairman, Vice Chairman, or Designated Member executing the same, with such execution to constitute conclusive evidence of such officer's approval and the District's approval of any changes therein from the form of the Amended and Restated Supplemental Indentures attached hereto.
Section 6. Approval ofthe Information Memorandum. The Board hereby approves the form of Information Memorandum related to the Bifurcations attached hereto as Exhibit C

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with such changes therein as shall be approved by the Chairman, Vice Chairman, or Designated Member.
Section 7. Approval of the Continuing Disclosure Agreement. The Board hereby approves the form of and authorizes and approves the execution and delivery of a Continuing Disclosure Agreement(s) by the Chairman, Vice Chairman, or Designated Member, substantially in the form presented to this meeting and attached hereto as Exhibit D with such changes therein as shall be approved by the Chairman, Vice Chairman, or Designated Member executing the same, with such execution to constitute conclusive evidence of such officer's approval and the District's approval of any changes therein from the form of the Continuing Disclosure Agreement attached hereto.

Section 8. Approval ofthe Revised Supplemental Methodology Report. The Board hereby approves the Revised Supplemental Methodology Report related to the Bifurcations attached hereto as Exhibit E with such changes therein as shall be approved by the Chairman, Vice Chairman, or Designated Member.
Section 9. Further Official Action; Ratification of Prior and Subsequent Acts. The Chairman, the Vice Chairman, the Secretary and a Designated Member and any other proper official of the District are each hereby authorized and directed to execute and deliver any and all documents and instruments in furtherance of the Bifurcations (including, without limitation, any documents required by the Trustee to evidence its rights and obligations with respect to the Bifurcations, any documents required in connection with maintaining the exclusion of interest on the Series 2005-1/2 Bonds and the Series 2007-1/2 Bonds from gross income of the holders thereof) and to do and cause to be done any and all acts and things necessary or desirable for carrying out the Bifurcations contemplated by this Resolution. In the event that the Chairman, the Vice Chairman or the Secretary is unable to execute and deliver the documents herein contemplated, such documents shall be executed and delivered by the respective designee of such officer or official or any other duly authorized officer or official of the District. The Secretary is hereby authorized and directed to apply and attest the official seal of the District to any agreement or instrument authorized or approved herein that requires such a seal and attestation. The Chairman or any Designated Member may, among other things, authorize the change of the date of any document accompanying this Resolution as an exhibit or incorporate the information and details related to the Bifurcations. Execution by the Chairman or a Designated Member of such document shall be deemed to be conclusive evidence of approval of such change of date or the incorporation of information and details relating to the Bifurcations. All of the acts and doings of such members of the Board, the officers of the District, and the agents and employees of the District, which are in conformity with the intent and purposes of this Resolution, whether heretofore or hereafter taken or done, shall be and are hereby ratified, confirmed and approved.
Section 10. Notices Authorized. The District's staff is hereby directed to issue or have issued any appropriate notice to the Municipal Securities Rulemaking Board's Electronic Municipal Market Access system regarding the Bifurcations, and to provide any other notice(s) required by law.
Section 11. Severability. If any section, paragraph, clause or provision of this Resolution shall be held to be invalid or ineffective for any reason, the remainder ofthis Resolution

7

shall continue in full force and effect, it being expressly hereby found and declared that the remainder of this Resolution would have been adopted despite the invalidity or ineffectiveness of such section, paragraph, clause or provision.
Section 12. Inconsistent Proceedings. All resolutions or proceedings, or parts thereof, in conflict with the provisions hereof are to the extent of such conflict hereby repealed or amended to the extent ofsuch inconsistency.
Section 13. Public Meetings. This Resolution shall take effect immediately upon its adoption. It is hereby found and determined that all formal actions of the District concerning and relating to the adoption ofthis Resolution and the consummation of the transactions contemplated by this Resolution were adopted in open meetings of the District, and that all deliberations of the District that resulted in such formal action were in meetings open to the public, in compliance with all legal requirements.
Section 14. Effective Date. This Resolution shall become effective immediately upon its adoption. The Bifurcations and documents related thereto including, without limitation, the Term Sheet, the Amended and Restated Second Supplemental Indenture, the Amended and Restated Third Supplemental Indenture, the Continuing Disclosure Agreement, and the Information Memorandum, shall become effective on the effective date provided therein, subject to the receipt by the Trustee of the written consent ofthe Bondholder.

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

8

ADOPTED this 5th day of December, 2018.

[SEAL]

ATTEST:

WESTSIDE COMMUNITY DEVELOPMENT DISTRICT

By:  	

__ 	______

Secretary

Chairman, Board of Supervisors

EXHIBIT A FORM OF TERM SHEET

EXHIBIT B-1

FORM OF THE AMENDED AND RESTATED SECOND SUPPLEMENTAL INDENTURE

EXHIBIT B-2

FORM OF THE AMENDED AND RESTATED THIRD SUPPLEMENTAL INDENTURE

EXHIBIT C
FORM OF INFORMATION MEMORANDUM

EXHIBIT D
FORM OF CONTINUING DISCLOSURE AGREEMENT

EXIDBIT E
REVISED SUPPLEMENTAL METHODOLOGY REPORT

ORL 299819937v1

-----�

SECTION VI 

RESOLUTION NO. 2019-06
A RESOLUTION OF THE BOARD OF SUPERVISORS OF WESTSIDE COMMUNITY DEVELOPMENT DISTRICT AUTHORIZING DISTRICT STAFF TO COMMENCE WORK RELATED TO A SPECIAL ASSESSMENT BOND ISSUANCE RELATED TO IMPROVEMENTS IN THE PROPERTY WITHIN THE DISTRICT COMMONLY REFERRED TO AS "SOLARA PHASE 2" WITHIN THE "SOLARA RESORT"; APPROVING A FORM OF DEVELOPER FUNDING AGREEMENT AND OTHER MATTERS RELATING TO THE FOREGOING AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the District was created pursuant to the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes, as amended (the "Act"), and by ordinance bearing documentary number 04-34 of the Osceola County Commissioners Council of Osceola County, Florida (the "County Council"), dated August 30, 2004 (the "Ordinance"), as amended by ordinance number 07-19 of the County Council, dated August 20, 2007, for the purpose of planning, financing, constructing, acquiring, operating and/or maintaining certain infrastructure, including surface water management systems, water and wastewater facilities, roadways, landscaping, parks, and recreational facilities and uses; and
WHEREAS, the District has been asked by Mattamy Orlando, LLC, a Delaware limited liability company authorized to transact business in Florida (the "Developer") the developer and owner of certain undeveloped lands in the District, to issue bonds intended to be named the Westside Community Development District (Osceola County, Florida) Special Assessment Revenue Bonds, Series 2019 Bonds (the "Series 2019 Bonds") to provide financing for certain capital improvements, facilities and services to benefit certain lands within the District owned by the Developer and commonly referred to as "Solara Phase 2" within the "Solara Resort" development; and
WHEREAS, the Developer has agreed to fund the costs authorized by this Resolution;
and
WHEREAS, the District is authorized by the Act and the Ordinance, subject to the
limitations set forth in the Act and in the Ordinance, if any, to issue its bonds and other evidence of indebtedness for the purpose, among other things, of constructing and/or acquiring public improvements and community facilities set forth in Section 190.012, Florida Statutes; and
WHEREAS, the District desires to commence preliminary work, including validation proceedings ifnecessary, to authorize the issuance of its Series 2019 Bonds.

Westside CDD [Solara Phase 2]
Resolution 2019-06 - Authorizing Work on 2019 Bonds

NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF WESTSIDE COMMUNITY DEVELOPMENT DISTRICT as follows:
SECTION 1. Authorization. There is hereby authorized staff to begin work related to the issuance of the Series 2019 Bonds, with terms, trust documents and further proceedings to be undertaken, as approved by this Board by appropriate later action or resolution.
SECTION 2. Validation. Bond Counsel and District Counsel are hereby authorized to research, and if determined necessary, directed to prepare, file and prosecute proceedings, as deemed necessary or appropriate, to validate in the manner prescribed by the laws ofthe State of Florida.
SECTION 3. Engineering and Assessment Proceedings. The District Manager and/or the Methodology Consultant and the District Engineer are hereby authorized and directed to begin preparation of reports and analyses as deemed necessary or appropriate, to allow the District work on the issuance of the Series 2019 Bonds and to impose special assessments.
SECTION 4. Developer Funding Agreement. Developer has agreed to execute, and the District has approved, the Bond Issue Funding Agreement, in the substantially final form attached hereto as Exhibit A, to provide for the payment of costs associated with this Resolution and the work associated with the Series 2019 Bonds. The Chairperson or the Vice Chairperson of the Board are hereby authorized and directed to execute the Bond Issue Funding Agreement, and the Secretary or any Assistant Secretary of the Board is hereby authorized to attest such execution, with such additions, deletions or modifications therein as may be made and approved by the Chairperson or the Vice Chairperson executing the same, such execution to be conclusive evidence of such approval.
SECTION 5. Open Meetings. It is hereby found and determined that all acts of the Board concerning and relating to adoption of this Resolution were taken in open meetings of the Board and all deliberations of the Board that resulted in such official acts were in meetings open to the public in compliance with all legal requirements, including, but not limited to, the requirements of Florida Statutes, Section 286.011.
SECTION 6. Inconsistent Resolutions and Motions. All prior resolutions of the Board inconsistent with the provisions of this Resolution are hereby modified, supplemented and amended to conform to the provisions herein contained and, except as so modified, supplemented and amended hereby, shall remain in full force and effect.
SECTION 7. Approval of Prior Actions. All actions taken to date by the members of the Board and the staff of the District in furtherance of the issuance of the Series 2019 Bonds, including but not limited to the filing of a validation complaint, are hereby approved, confirmed and ratified.
SECTION 8. Effective Date. This Resolution shall become effective immediately upon its adoption.

Westside CDD [Solara Phase 2]
Resolution 2019-06 - Authorizing Work on 2019 Bonds

ADOPTED this _ day of	201

WESTSIDE COMMUNITY DEVELOPMENT DISTRICT

By: ----	---------
Name: -------	------
Chairman/Vice Chairman

Attest:

Its: Secretary/Asst. Secretary

Westside CDD [Solara Phase 2]
Resolution 2019-06 - Authorizing Work on 2019 Bonds

EXHIBIT A

FORM OF BOND ISSUE FUNDING AGREEMENT

Westside COD [Solara Phase 2]
Resolution 2019-06 - Authorizing Work on 2019 Bonds

BOND ISSUE FUNDING AGREEMENT
BETWEEN WESTSIDE COMMUNITY DEVELOPMENT DISTRICT AND DEVELOPER
(Solara Phase 2)
TIDS BOND ISSUE FUNDING AGREEMENT (this "Agreement") is made and effective this __ day of ____, 201_, by and between WESTSIDE COMMUNITY DEVELOPMENT DISTRICT, a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes, being situated in Osceola County, Florida, (the "District") and MATTAMY ORLANDO, LLC, a Delaware limited liability company authorized to transact
business in Florida, located at 4901 Vineland Road, Suite 450, Orlando, Florida, 32811 (the "Developer" and, together with the District, the "Parties").
RECITALS
WHEREAS, the District was created pursuant to the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes, as amended (the "Act"), and by Ordinance Number 04-34 of the Osceola County Commissioners Council of Osceola County, Florida (the "County Council"), dated August 30, 2004, as amended by Ordinance 07-19 of the County Council, dated August 20, 2007 for the purpose of planning, financing, constructing, acquiring, operating and/or maintaining certain infrastructure, including surface water management systems, water and wastewater facilities, roadways, landscaping, parks, and recreational facilities and uses; and
WHEREAS, the District has been asked by Developer to issue the Westside Community Development District (Osceola County, Florida) Special Assessment Revenue Bonds, Series 2019 Bonds (the "2019 Bonds") to provide financing for master capital improvement plan consisting of public infrastructure, improvements, facilities and services to benefit certain undeveloped lands within the District (hereinafter, collectively, the "Solara Phase 2 Assessment Area") and has authorized its staffto begin work related to the issue ofthe 2019 bonds; and
WHEREAS, Developer owns the undeveloped lands within the Solara Phase 2 Assessment Area; and
WHEREAS, Developer and the District desire to enter into this Agreement to provide funds to enable the District to commence work related to the issuance ofthe 2019 Bonds.
NOW THEREFORE, based upon good and valuable consideration and the mutual covenants of the Parties, the receipt of which and sufficiency of which are hereby acknowledged, the Parties agree as follows:
Incorporation of Recitals. The recitals stated above are true and correct and by this reference are incorporated herein as a material part ofthis Agreement.
Provision of Funds. Developer agrees to make available to the District such monies as are necessary to proceed with the issuance ofthe 2019 Bonds as follows:

Westside CDD - Bonding Funding Agt	1
20 I9 Bonds - Solara Phase 2

Developer agrees to provide to the District any such monies upon receipt ofan invoice from the District requesting such funds, as invoiced pursuant to an agreement or engagement letter approved by the District. Such funds, and all future funds provided pursuant to this Agreement, may be supplied by check, cash, wire transfer or other form of payment deemed satisfactory in the sole discretion of the District as determined by the District Manager. Developer authorizes the District to direct District staff, including the District Engineer, District Manager, Methodology Consultant, if applicable, the District Counsel and Bond Counsel and other professional assistance as may be necessary, to proceed with the work contemplated by this Agreement.
Developer and the District agree that all fees, costs or other expenses incurred by the District for the services of the District Engineer, District Manager, Methodology Consultant, if applicable, District Counsel and Bond Counsel or other professionals for the work contemplated by this Agreement shall be paid solely from the funds provided by Developer pursuant to this Agreement. Such payments shall be made in accordance with the District's normal invoice and payment procedures. The District agrees that any funds provided by Developer pursuant to this Agreement shall be used solely for fees, costs, and expenses arising from or related to the work contemplated by this Agreement. Developer may be reimbursed for monies paid, as costs of issuance for the 2019 Bonds, to the extent allowable under the 2019 Bond documents and tax law.
Developer agrees to provide funds within fourteen (14) days of receipt of written notification from the District Manager ofthe need for such funds.
In the event that Developer fails to provide any such funds pursuant to this Agreement, Developer and the District agree the work may be halted until such time as sufficient funds are provided by Developer to ensure payment ofthe costs, fees or expenses which may be incurred in the performance of such work. The District may, in its discretion, place a lien on property (requiring payment as additional assessments) in the District owned by Developer, if such funds are not paid within ninety (90) days of the demand therefor.
Termination. Any of the Parties hereto may terminate this Agreement without cause by providing ten (1 0) days' written notice of termination. Any such termination by Developer is contingent upon Developer's provision of sufficient funds to cover any and all fees, costs or expenses incurred by the District in connection with the work to be performed under this Agreement as ofthe date by when notice of termination is received.

2

Westside COD - Bonding Funding Agt 2019 Bonds - Sciara Phase 2

Default. A default by any party under this Agreement shall entitle the other party to all remedies available at law or in equity, which may include, but not be limited to, the right of damages.
Enforcement of Agreement. In the event that any of the Parties is required to enforce this Agreement by court proceedings or otherwise, then the prevailing party shall be entitled to recover all fees and costs incurred, including reasonable attorney's fees and costs for trial, alternative dispute resolution, or appellate proceedings.
Agreement. This instrument shall constitute the final and complete expression of this Agreement between the Parties relating to the subject matter ofthis Agreement.
Amendments. Amendments to and waivers of the provisions contained in this Agreement may be made only by an instrument in writing which is executed by all of the Parties hereto.

Authorization. The execution of this Agreement has been duly authorized by the appropriate body or official of all Parties hereto, each party has complied with all the requirements of law, and each party has full power and authority to comply with the terms and provisions of this instrument.
Notices. All notices, requests, consents and other communications hereunder ("Notices") shall be in writing and shall be delivered, mailed by First Class Mail, postage prepaid, or overnight delivery service, to the parties, as follows:

Ifto the District:

with a copy to:

Ifto Developer:

Westside Community Development District 135 W. Central Blvd., Suite 320
Orlando, Florida 32801 Attention: District Manager
Latham, Shuker, Eden & Beaudine, LLP 111 N. Magnolia Avenue, Suite 1400
Orlando, Florida 32801
Attention: Jan Albanese Carpenter, Esq.
Mattamy Orlando, LLC
4901 Vineland Road, Suite 450
Orlando, Florida 32811 Attention: Leslie Candes, Esq.

Except as otherwise provided herein, any Notice shall be deemed received only upon actual delivery at the address set forth herein. Notices delivered after 5:00 p.m. (at the place of delivery) or on a non-business day, shall be deemed received on the next business day. If any time for giving Notice contained in this Agreement would otherwise expire on a non-business day, the Notice period shall be extended to the next succeeding business day. Saturdays, Sundays, and legal holidays recognized by the United States government shall not be regarded as

Westside COD - Bonding Funding Agt	3
2019 Bonds - Solara Phase 2

business days. Counsel for the Parties may deliver Notice on behalf of the Parties. Any party or other person to whom Notices are to be sent or copied may notify the other Parties and addressees of any change in name or address to which Notices shall be sent by providing the same on five (5) days' written notice to the Parties and addressees set forth herein.
Third Part y Beneficiaries. This Agreement is solely for the benefit of the formal Parties hereto and no right or cause of action shall accrue upon or by reason hereof, to or for the benefit of any third party not a formal party hereto. Nothing in this Agreement expressed or implied is intended or shall be construed to confer upon any person or entity other than the Parties hereto any right, remedy or claim under or by reason of this Agreement or any provisions or conditions hereof; and all the provisions, representations, covenants and conditions herein contained shall inure to the sole benefit of and shall be binding upon the Parties hereto and their respective representatives, successors and assigns.
Assignment. None of the parties hereto may assign this Agreement or any monies to become due hereunder without the prior written approval of the other parties. Any purported assignment without such prior written approval shall be void.
Controlling Law; Venue. This Agreement and the provisions contained herein shall be construed, interpreted, and controlled according to the laws of the State of Florida. Venue for any action arising hereunder shall be in a court of appropriate jurisdiction in Osceola County, Florida.
Effective Date. The Agreement shall be effective after execution by all Parties hereto and shall remain in effect unless terminated by any of the Parties hereto.
Sovereign Immunity. Nothing contained herein shall cause or be construed as a waiver of the District's sovereign immunity or limitations on liability granted pursuant to section 768.28, Florida Statutes, or other law, and nothing in this Agreement shall inure to the benefit of any third party for the purpose ofallowing any claim which could otherwise be barred under the Doctrine of Sovereign Immunity or by operation of law.
Public Records. The Developer understands and agrees that all documents of any kind provided to the District or to District Staff in connection with the work contemplated under this Agreement are public records and are treated as such in accordance with Florida law.

[COUNTERPART SIGNATURE PAGES TO FOLLOW]

4

Westside CDD - Bonding Funding Agt 20I9 Bonds - Solara Phase 2

COUNTERPART SIGNATURE PAGE FOR BOND ISSUE FUNDING AGREEMENT
BETWEEN WESTSIDE COMMUNITY DEVELOPMENT DISTRICT AND DEVELOPER
(SOLARA PHASE 2)

IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the day and year first written above.

Attest:

DISTRICT:
WESTSIDE COMMUNITY DEVELOPMENT DISTRICT

Secretary/Asst. Secretary

By:__

_ 		_

Name:--------------
Chairman of the Board ofSupervisors

S-1

COUNTERPART SIGNATURE PAGE FOR BOND ISSUE FUNDING AGREEMENT
BETWEEN WESTSIDE COMMUNITY DEVELOPMENT DISTRICT AND DEVELOPER
(Solara Phase 2)

IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the day and year first written above.

DEVELOPER:
WITNESSES:	MATTAMY ORLANDO LLC,
a Delaware limited liability company
By: Mattamy Florida LLC, its manager By 	 	

Print:---------

Print: ---------

Name:---------	-
Title:-	-------	-

S-2

SECTION VI I

SECTt·ON C

SECTION	1

Westside
Community Development District
Summary of Check Register

October 31, 2018 to November 28, 2018

Genera]

Payroll

Fund

Date	Check No.'s

11/01/18	1419-1420
11/14/18	1421
11/15/18	1422

November 2018
Scott D Stewart	50241
Thomas O Franklin	50242

Amount

$	999.80
$	53,750.00
$	5,288.22

$	60,038.02

$	184.70
 $	184.70
369.40

$	60,407.42 1

AP300R	?EAR*-TO-DATE  ACCOUNTS  PAYABLE  PREPAID/COMPUTER  CHECK  REGISTER	RUN  11/28/18	PAGE	l
***  CHECK  DATES  10/31 /2018  -  11/28/2018  *  *	WBANESKTSAIDWEECSDTDSID-EGECDNDERAL  FUND

MTE

CHECK    VEND#	 • • D•A• T• EINVOIINCEVO. I• C. E• •   •Y•RMO•EXPENDPS'l'EDATCOCT. #.. SUB	SUBCLASS 11/01/18  00056	10/30/18  1G0O2O7D2MAN  P2O0N1D8 1HN0  'l'3-2OC0-T531808 0-46400

VENDOR NAME	STATUS
*

AMOUNT

100 .00 

AM• • O• UN. CHET

CK • • #, • •

10/30/18   1S0O2I.AR72

A  PO2N0D1S8101, 232&03--05C3'l'8001-8464 00

*•	275 . 00

- - - - - - - -

10 -/30 /-18-1S0T2O7-RMW2 - A-TE-2R01P8O1N0D3MN20T---5O3C8T0 01-846400

- - - - - - - - - �- - -

- - - - - -

600 . 00

- - -	-	-

-	- -	-

-	-	-

- - - -

- - - -AQ-UA-TIC  WEED  MANAGEMENT,   INC . �	*

24 .80

975. 00 001419 

11/01/18  00006	10/23/18   7D0E0L7I-VER979Y2 01 01/81 20 /31 810-51300-42000
FEDEX

-	-	- - -	- - - -

11/14/18 00050	11/01/18 11012018 201811 310-51300-49300
- - -	- - - - - -	- - -	- - - -	�.

�"     - � --'

� �-   �.

*
- - - -	,.

- - - -

- - - - - - - - - - - - - - -

53, 750 . 00

24 .8 0 001420

11/ 15/18 00001 

5TH SET'l'LEMENT PMT-NOV18	JR. DAVIS CONSTRUCTION COMPANY , INC

11/01/18 308 

201811 310-51300-34000

11/01/18 3 0 8

*

MANAGEMEN2T0 1F8E1E1S-3N1O0V-5118300-35100	*

201811   310-51300-31300 

INFORMATION  TECH-NOVlB

11/01/18  3O08FFICE  SUPPLIES

11/01/18  3D08ISSEMINA2T0I1O8N1�1NO3V1 0l-B51300-51000	*
*

3, 315 .33
B3 .33
291 .67
7. 83

53 , 750 .00 001421 

11/01/18  3P0O8STAGE
11/01/18  3C0O8PIES

201811 310-51300-42000
201811 310-51300-42500

*	29. 10 
*	8. 20 

11 /01/18 309	201811 320-53800-4 9000

11 /01/18  3T0E8LEPHON2E01811  310-51300-41000
FIELD MANAGEMENT-NOVl B	GOVERNMENTAL MANAGEMENT SERVICES
TOTAL FOR BANK A TOTAL FOR REGISTER

*	1, 547 .17

-		- -- -	-

-	- - -	-	- -5 , 288 -.22-
60 , 038 .02
60,038.02

001422

WEST WESTSIDE	KCOSTA

SECTION 2

Westside
Community Development District

Unaudited Financial Reporting October 31, 2018

Table of Contents

 	Balance Sheet

 	General Fund Income Statement

 	Series 2005 Debt Service Fund Income Statement

 	Series 2007 Debt Service Fund Income Statement

 	Series 2018 Debt Service Fund Income Statement

 	Capital Projects Fund Income Statement

 	Capital Reserve Fund

Month to Month

Long Term Debt Summary

10-11 	Assessment  Receipt Schedule

WESTSIDE CDD
COMMUNITY DEVELOPMENT DlSTRICT COMBINED BALANCE SHEET
October 31, 2018

ASSETS CASH
INVESTMENTS
STATE BOARD ADMINISTRATION CONSTRUCTION FUND
COST OF ISSUANCE DEFERRED COST
INTEREST FUND RESERVE FUND
REVENUE FUND PREPAYMENT FUND
DUE FROM GENERAL FUND TOTAL ASSETS
LIABILITIES & FUND BALANCES LIABILITIES
ACCOUNTS PAYABLE
DUE TO GENERAL FUND DUE TO DEBT SERVICE
ACCRUED INTEREST PAYABLE 2005 ACCRUED INTEREST PAYABLE 2007
ACCRUED PRINCIPAL PAYABLE 2005 ACCRUED PRINCIPAL PAYABLE 2007
TOTAL LIABILITIES

FUND BALANCES
RESTRICTED FOR DEBT SERVICE

CAPITAL	CAPITAL	CAPITAL
DEBT SERVICE	DEBT SERVICE	DEBT SERVICE	PROJ ECTS	PROJECTS	PROJECTS	CAPITAL

$	382,248	
$	$	$	$	$	26	
,796	$	$	5,047	$	414,090	
506,501	397	2,628	294,639	801,140
3,025	
	12,174	3,706	89,025	15,880
89,025	
	572,967	722,350	115,065	1,410,382
116,760	1,281,885	330	1,398,975
1,459	1,494	

$	888,749	29,539	12,061	41,600
$	731,475	�-  2,021,460	$	204,420	$	397	  $	26,796  	$	2,628	$	299,686	�175,611	

$	1,000	
$	$	$	$	$	$	$	$	1,000	
41,600	$	41,600
151,503	123,120	151,503
123,120	
		1,070,000	1,070,000	
42,600	2,816,S03	1,193,120	4,052,223	

 	GENERAL	 SERIES 2005	 SERIES 2007	 SERIES 2018	SERIES 2005	SERIES 2007	 SERIES 2018	 RESERVE		TOTALS

2,665,000	2,66S,000

397

329,S07

$	$	(2,085,028)	$	828,340	$	204,420	$	$	26,796	$	2,628	$	299,686	$	(1,052,268)

TOTAL FUND BALANCES	846,149	(2,085,028)	 	828,340 	 	204,420 	
TOTAL LIABILITIES & FUND BALANCES	$	888,7�	_$_731,475	$	2,021,460	$	204,420	

RESTRICTED FOR CAPITAL PROJECTS UNASSIGNED

846,149	--

846,149
397	 	26,796	2,628	299,686	123,388
  $	397	$	26,796	 $	2,628       $	299,686	$	4,175,611

REVENUES:
Maintenance Assessments-On Roll Maintenance Assessments-Off Roll Interest Income
Developer Contribution Miscellaneous Income
TOTAL REVENUES
EXPENDITURES: ADMINISTRATIVE
Supervisor Fees FICA Expense Engineering Fees Legal Services Arbitrage Management Fees
Information Technology Dissemination
Trustee
Assessment Roll Services Auditing Services Telephone
Postage and Freight Insurance · General Liability Printing and Binding
Legal Advertising Miscellaneous Services Office Supplies
Property Appraiser's Fee Property Taxes
Dues, Licenses, Subscriptions

WESTSIDE CDD COMMUNITY DEVELOPMENT DISTRICT
GENERAL FUND
STATEMENT OF REVENUES & EXPENDITURES
For The Period Ending October 31, 2018

Adopted	Prorated Budget
Bud et	Thru 10/31/18

$218,183	$0
$463,547
$5,000
$0	$0
$0
$686,730

$12,000	$1,000
$918

$3,333
$3,315
$83

$10,500	$875
$40,000
$1,350	$1,200
$39,784
$1,000
$9,500	$792
$6,000
$5,000	$5,000
$3,975	$0
$100	$8
$2,250	$188
$8,600	$8,600
$1,500	$125
$1,800	$150
$1,250	$104
$400
$600	$600

$175

$10	$10

Settlement Agreement Payments	$50,000	$0	$0	$0	
TOTAL ADMINISTRATIVE	$196,712	$25,668	$17,163	$8,sos I	

$175

Actual
Thru 10/31/18	Variance

$0	$0
$34,103	$34,103
$1,030	$613
$0	$0
$0
$35,133	$34,716 I

$15

$200	$800
$61

$3,333

$0
$0
$0	$1,200

$83

$3,315	($0)
$0
$292	$500
$0	$0
$5,000	$0
$0	$0
$0	$8
$271	($83)
$7,736	$864
$112

$56

$0	$150
$8	$26
$0	$600
$0	$10
$175	$0

OPERATIONS AND MAINTENANCE
Landscape Maintenance Irrigation Repairs
Plant Replacement Electric Streetlighting Irrigation Water Property Insurance Field Management
Lake & Wetland Maintenance
Misc. Contingency Stormwater/Lake Repair Transfer Out
TOTAL OPERATION AND MAINTENANCE TOTAL EXPENDITURES

$163,170
$15,000	$1,250
$30,000	$2,500
$1,500	$125

$4,833

$73,000	$6,083
$58,000
$1,100	$1,100
$18,566
$22,800	$1,900
$30,000	$2,500
$15,000	$1,250
$61,884
$490,018	$36,686

$686,730

$12,663

$935

$0	$1,250
$0	$2,500
$41	$84
$4,383	$1,700
$2,413	$2,420
$923	$177
$1,547	($0)
$975	$925
$0	$2,500
$0	$1,250
$0	$0
$22,945	$13,741 ]

($4,975)

$40,108

EXCESS OF REVENUES OVER (UNDER) EXPENDITURES	$0
FUND BALANCE, BEGINNING	$0

FUND BALANCE, ENDING	so

2

$851,124

$846,149

WESTSIDE CDD
COMMUNITY DEVELOPMENT DISTRICT
DEBT SERVICE SERIES 2005
STATEMENT OF REVENUES & EXPENDITURES
For The Period Ending October 31, 2018

 	Adopted	Prorated Budget	Actual
Budget	Thru 10/31/18	Thru 10/31/18	Variance

REVENUE

Assessments-On Roll Assessments-Off Roll
Assessments-Accelerated Other Debt Service Funds Interest
TOTAL REVENUE EXPENDITURES

Interest - 11/1 Interest - 5/1 Principal - 5/1

$276,643	$0
$163,560	$0
$774,584	$0
$8,559	$713
$0	$0
 	$1,223,345	$713

$399,173	$0
$399,173	$0
$425,000	$0

$0	$0
$0	$0
$0	$0
$0	($713)

$3,712 I

$0	$0
$0	$0
$0	$0

TOTAL EXPENDITURES OTHER FINANCING SOURCES

 	$1,223,345	

so I

Other Debt Service Cost Transfer In (Out)

$0	$0
$0	$0

$199	$199
$0	$0

TOTAL OTHER FINANCING SOURCES {USES)

 	$0	$0	$199

EXCESS OF REVENUES OVER (UNDER) EXPENDITURES		$0	$4,624
FUND BALANCE, BEGINNING	$0	($2,089,653)
FUND BALANCE, ENDING		$0	($2,085,028)

3

WESTSIDE COD
COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE SERIES 2007
STATEMENT OF REVENUES & EXPENDITURES
For The Period Ending October 31, 2018

 	Adopted	Prorated Budget	Actual
Budget	Thru 10/31/18	Thru 10/3 1/18	Variance

REVENUE

Assessments- On Roll Assessments- Off Roll
Assessments - Accelerated Other Debt Service Funds
Bondholder Contributions Land Sale Proceeds Interest

$346,860	$0
$59,897	$0
$1,020,603	$0
$10,200	$850
$0	$0
$0	$0
$0	$0

$0	$0
$0	$0
$0	$0
$0	($850)
$0	$0
$7,781	$7,781

TOTAL REVENUE

 	$1,437,560	$850	$7,781	$6,931 1

EXPENDITURES

Interest - 11/1

$543,780	$0

$0	$0

Interest - 5/1 Principal - 5/1
Special Call - 9/21 Interest - 9/21

$543,780
$350,000
$0

$0	$0
$0	$0	$0
$0	$0	$0
$0	$0	$0

TOTAL EXPENDITURES OTHER FINANCING SOURCES

 	$1,437,560	$0	$0	so I

Other Debt Service Cost Transfer (Out)/ln

$0	$0
$0	$0

$0	$0
$0	$0

TOTAL OTHER FINANCING SOURCES (USES)	 	$0	$0	$0	so I	
EXCESS OF REVENUES OVER (UNDER) EXPENDITURES	 	$7,781		

FUND BALANCE, BEGINNING	 	$0	$820,559		

FUND BALANCE, ENDING	 	$0	$828,340		

4

WESTSIDE COD
COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE SERIES 2018

2018

STATEMENT OF REVENUES & EXPENDITURES
For The Period Ending October 31,

10/31/18

Adopted	Prorated Budget
Budget	Thru

Actual

Thru 10/31/18	Variance

REVENUE

Assessments Interest
TOTAL REVENUE EXPENDITURES

Interest - 11/1 Interest - 5/1 Principal - 5/1

$230,130	$0
so	$0
$230,130	$0

$89,025	$0
$89,025	$0
$50,000	so

$0

so

$50
$50	$50 1

s$o0	s$0o

TOTAL EXPENDITURES	 	$228,050	$0	$0	so I	
EXCESS OF REVENUES OVER (UNDER) EXPENDITURES	 	$2,080	$50		

FUND BALANCE, BEGINNING	

$89,025	$204,370	

FUND BALANCE, ENDING	 	$91,105	$204,420		

5

WESTSIDE CDD
COMM UNI1Y DEVELOPM ENTDISl'RICT CAPITAL PR OJECTSSERIES 2005, 2007, & 2018 STATEMENT OF REVENUES & EXPENDITURES
For The Period Ending October 31, 2018

REVENUE
Interest

TOTAL REVENUE EXPENDITURES
Bank Fees
Capital Outlay Capital Outlay - COi

TOTAL EXPENDITURES OTHER FINANCING SOURCES

Series	Series
2005	2007

$1

$0
$0
$0

$1

$0

$25

Series
2018	Total

$1
$1	s2 '

$0
$0	$0
$0	$0
$0	s2s 1

Bonds Proceeds
Transfer In (Out)

$0	$0
$0

$0
$0	$0

TOTAL OTHER FINANCING SOURCES (USES)	$0	$0
EXCESS OF REVENUES OVER (UNDER) EXPENDITURES	$1	($24)
FUND BALANCE, BEGINNING	$397	$26,820
FUND BALANCE, ENDING	$397	$26,796

6

$0	so '
$1	($24)!
$2,627	$27,216 j
$2,628	s29,s21 I

WESTSIDE CDD
COMMUNITY DEVELOPMENT DISTRICT CAPITAL RESERVE FUND
STATEMENT OF REVENUES & EXPENDITURES
For The Period Ending October 31, 2018

	Proposed Budget	Prorated Budget Thru 10/31/18	Actual Thru 10/31/18	
Variance	
REVENUE					
Transfer In	$61,883	$0	$0	$0	
Interest	$0	$0	$592	$592	

TOTAL REVENUE	$61,883	$0	$592	$592 I	
EXPENDITURES					
Miscellaneous Expense	$0	$0	$0	$0	
Capital Outlay		$0	$0	$0	

TOTAL EXPENDITURES	
$0		
$0	so I	
EXCESS OF REVENUES OVER (UNDER) EXPENDITURES	$61,883		$592		
FUND BALANCE, BEGINNING	$141,158		$299,094		
FUND BALANCE, ENDING	$203,040		$299,686		

7

WESTSIDE COD
COMMUNITY DEVELOPMENT DISTRICT
Oct	Nov	Dec	Jan	Feb	Mar	Apr	May 	Ju                n		Jul	AUA	Sept	Total

!W!ll!llt:
Maintenance Assessments-On Roll	$0	so	$0	$0

$0	$0	$0	so	$0	$0	so	$0

Maintenance Assessments- Off Rott	$34,103	so	so	$0	so	so	so	so	so	so	so	so	$34,103
Interest lnc:ome	$1,030	$0	so	$0	so	so	so	so	$0	so	so

Developer contribution	$0	$0

$0	$0

$0	$0	$0	$0	$0	$0	$0

Misc Revenue	$0	$0	so	$0	$0	so	so	$0	$0	so	$0	$0	$0

TOTALREVENUE	I	$35,133	so	$0	so	so	so	so
EXPENQIJURES

so	$0	so	so	$35,1331

ADMINISTRATIVE
Supervisor Fees

s200	$0	so	so	so	so	so	so	so	so	so	$0	$200

Fk:a Expense	S15	$0	$0	$0	$0	$0	$0	$0	$0	$0	so	so	$15

Engineering Fees	$0	$0	so	$0	so	so	$0	$0	so	$0
Legal Fees	$0	$0	so	so	so	$0	$0	$0	so	$0	so

so	$0
so

Arbitrage	so	so

$0	so	so	so	so	$0

so	$0	$0

Management Fees

$0	$0

so	$0	$0	so	so	$0	$0	$0

Information Technology		$83	so	$0	$0	so	$0	$0	$0	$0	so	$0	so		$83 Dissemination	S292	so	$0	$0	so	$0	so	so	$0	$0	so	so	S292 Trustee			so	$0	so	$0	so	so                  $0                     $0                          so                so                 $0                 so                 $0
Assessment Roll Services	$5,000	$0	so	so	$0	so	$0	$0	so	$0	so	$0	$5,000

Auditing Services

$0	so	so	so	so	So	so	so	$0	so	so	so

Telephone	$0	$0	$0	$0	$0	so	so	$0	$0	$0	$o0	$0	$0

$7,736
$13

Postage and Frei8ht	$271	$0	so	$0	$0	$0	so	$0	$0	so	s
Insurance- General Uability	$7,736	$0	so	so	so	$0	so	$0	so	$o0	$0o

so	$271
$0

Printing and Binding	S13	$0	$0	$0	so	so	so	so	$0	s	s

$56

Legal Advertising	so
Miscellaneous Services

so	$0	$0	$0	so	so	so	$0	$0	so	$0
$0	$0	$0	$0	$0	so	$0	$0	so	$0	$0	S56

Office Supplies	S8	so	$0	$0	$0	so	$0

$0	so	$0	$0	S8

Property Appraiser's Fee	so	$0	so	so	$0	$0	$0	so	$0	$0	so	$0	$0

PropertyTaxes	$0	so	$0

$0	so	so	so	so	$0	so	so	$0

Dues,  Licenses, Subscriptions	Sl75	$0	$0	so	so	so	$0	$0	so	so	so	So	$175
Settlement Agreement Payments	so	$0	so	$0	$0	so	$0	so	$0	so	so	$0
TOTAL ADMINISTRATIVE	I	$17,163	$0	$0	so	$0	so	so	$0	$0	so	so	so	S17,163I
OPERATIONS AND MAINTENANCE

Landscape Maintenance	$12,663

$0	so	so	$0	$0	$0	so	$0	$0

$12,663

Irrigation Repairs	so	$0	$0	$0	$0	so	$0	so	$0	so	$0	$0	$0

Plant Replacement	$0

$0	so	$0	$0

$0	$0	so	$0	so	$0

Electric	$41	$0	so	$0

$0	$0	so	$0	so	$0	$41

Streetlighting

so	$0	$0	$0	so	$0	so	$0	$4,383

Irrigation Water	$2,413	so	$0	$0	$0	so	$0	$0	so	$0	so	so	$2,413

$1,547
$975

Property Insurance	$923	$0	$0	$0	so	so	$0	$0	$D	$0	$0	$0	$923

$975

Field Management	Sl,547	$0

$0	so	$0

$0	so	$0	so	so

lake & Wetland Maintenance

so	so	$0	$0	$0	SD	$0

$0	so	$0

Misc. Contingency	$0	$0	$0	SD

$0	so

so	$0	$0

Stormwater/Lake Repair	$0	$0	$0	so	$0	$0	so	so	$0	so	so	$0	so
Transfer Out	so	so	So	$0	$0	so	$0	so	so	so	$0	$0	so

TOTAL OPERATIONS ANO MAINTENANCE	I	$22,945

so	so	$0	so	$0	so	$0	$0	so	$0	$22,945 1

TOTAL EXPENDITURES	I

$0	$0

$0	so	so	$0	$0	$0	$0	$0	$40,108 1

EXCESS OF REVENUES OVER (UNDER) EXPENDITURES I

so	$0	$0	$0	$0	so	$0

$0	so	$0	($4,975)1

8

WESTSIDE
Community Development District
LONG TERM  DEBT REPORT

SERIES 2005, SPECIAL ASSESSMENT REVENUE BONDS

INTEREST RATE:	5.65%	
MATURITY DATE:	5/1/2037	
RESERVE FUND DEFINITION	MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREMENT	$1,214,786	
RESERVE FUND BALANCE	$570,012	
BONDS OUTSTANDING - 9/30/13	$17,050,000	
LESS: PRINCIPAL PAYMENT 5/1/14	$0	
LESS: PRINCIPAL PAYMENT 5/1/15	$0	
LESS: PRINCIPAL PAYMENT 4/1/16	($255,000)	
LESS: PRINCIPAL PAYMENT 9/21/18 (PREPAYMENT)	($1,790,000)	
CURRENT BONDS OUTSTANDING	$15,005,000	

SERIES 2007, SPECIAL ASSESSMENT REVENUE BONDS

INTEREST RATE:	7.20%	
MATURITY DATE:	5/1/2038	
RESERVE FUND DEFINITION	MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREMENT	$1,427,620	
RESERVE FUND BALANCE	$718,625	
BONDS OUTSTANDING - 9/30/13	$17,340,000	
LESS: PRINCIPAL PAYMENT 5/1/14	$0	
LESS: PRINCIPAL PAYMENT 11/1/14 (PREPAYM ENT)	($550,000)	
LESS: PRINCIPAL PAYMENT 5/1/15	$0	
LESS: PRINCIPAL PAYMENT 4/1/16	($615,000)	
LESS: PRINCIPAL PAYMENT 11/1/16 (PREPAYMENT)	($40,000)	
LESS: PRINCIPAL PAYMENT 9/21/18 (PREPAYMENT)	($550,000)	
CURRENT BONDS OUTSTANDING	$15,585,000	

SERIES 2018, SPECIAL ASSESSMENT REVENUE BONDS

INTEREST RATE:	5% - 5.2%	
MATU RITY DATE:	11/1/2048	
RESERVE FUND DEFINITION	MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREMENT	$115,065	
RESERVE FUND BALANCE	$115,065	
BONDS OUTSTANDING - 2/27/18	$3,490,000	

CURRENT BONDS OUTSTANDING	
$3,490,000	

9

WESTSIDE
COMMUNITY DEVELOPMENT DISTRICT
SPECIALASSESSMENT RECEIPTS - mo1,

.......

....

TAX COLLECTOR

Grou. Assessmen1s  $      1,2.!3,141	319,753	294,JDO	365,000

Net A.ueuments  $      1,150,316	300,567

:Z76,642	Ma,100	230,007

"'°"

2001	1011

Dato	GrossAssessmlt'f\ls   Dlscounu/	Commbslons	lntere1t	Net Amount     G�al fund  DebtSvt f'1.lnd  DeblSltc Fund  Debt Swc fund	Total
Received	PisL	RaaHved	Penalties	Paid	Income	Received	26.13"	24.0S"	29.83%	20.00K

$

s

$s	ss	$

$	$

ss	s	$s

s	$

s	s	s

s

s$	$	$

s	$

s

$	$
$	$	$
$	s	s

s	s	s

$	s

s

s	s	s

Total5

$
$	$

DIRECT ASSESSENTS

BOANERGE LLC				185,092.20	34,906.52     $    110,920.00	39,265.68 DATE	OATE	Check	NfT AMOUHT NETAMOUNT GENERAL FUND SERIES 2005 SERIES 2007
RECflVtD	DUE	 Num	ASSESSED	RECEIVED    	
11/1/18	92,546.10    $
2/1/19	46,273.05    $
slt£19	46,273.0S     $	 	
185,092.20     $

BRGRANDATWESTSIDE DST	48,514.15	48,514.15

DATE	DATE	O..,k	NET AMOUNT NET AMOUNT GENERAL FUND SERIES 1005 SERIES2007
RECEIVED	DUE	 Num	ASSBSED	RECUVEO
10/19/18	11/1/18	947	24,257.08   $    24,257.0&	24,257.08

�

2/1/19	12,128.54 $
5/1/19	12,128.54
48,514.16    $     24,257.08	24,257.08

DH HORTON	84,012.31	84,012.31

42,006.16    s11/1/IJJ

DATE	DATE	Ched<	NET AMOUNT  NITAMOUNT  GENERALFUND  SERIES 2005   SERIES 2007 RECEIVED	DUE	Num		ASSESSED	REalvt:0
2/1/19	21,003.08 s
 	5£1£19	21.()03.08	
114,012.32

HOVHANIAN MAGNOLIA AT WEffllDE LLC	14,330.83	14,330.83 $
DATE	DATE	O,ed<	NETAMOUNT N£TAMOUHT GENERAL FUND SERIES ZOOS SERIES2007
 	RECEIVED	DUE	Num	ASIDSED	REalVED	
11/1/18	7,165.41    $
2/1/19	3,582.71   $
2/1/19	3,582.71   $
Total	14,330.83   $

KB HOMES ORlANDD	22,054.79	ZZ,054.79 $
DATE	DAT£	Cho<k	NETAMOUNT NfTAMOUHT GENERAL FUND SERIES ZOOS  SERIES 2007 AECErVEO	DUE	Num		ASSESSED	RECEIVED
1/1/18	11,027.39    $
2/1/19	5,513.70  $
5  1Jl8	551:1.70 $	
Total	22 054.79    $

10 

WESTSIDE
COMMUNITY DEVELOPMENT DISTRICT
SPECIALASSESSMENT RECEIPlS - M019

GOLDEN CAY UC	91,611.84	18,340.72  $    SZ.,640.00	20,631.U
DAU	DAn	Ched,	NflAMOUNT       NETAMOUNT   GENERAL FUND     SERIES 200!        SERIES 2007
RECElvtO 	DUE	Num	ASSESSED	REalVED	
11/1/18	45,805.92
2/1/19	22,!K>l,96
 	5/1/19	22 902.96	
Total	91611.84

LAND ACQUISITION ONE U.C	43,485.25	43,485.25
DATE	DATE	°""'	NET AMOUNT NET AMOUNT GENERAL FUND SERIES 2005 SEAIES 2007
REUMD	DUE	Num	ASSESSED	REaMD

"*'

11/1/18	21,742.62  $
2/1/19	10,871.31   $
10,871.31  $
Total	43,485.24 !
WESTSIDE COD HOLDINGS, INC.	119,658.38	119,658.38
DATE	DATE	°""'	NET AMOUNT N£TAMOUNT GENl:RALFUND SERIES2005 SERIES 2007

s

AECEMD	DUE	 	Num	        ASSESSED	R£Ct:1Yl0
11/1/18	59,829.19
2/1/19	29,914.60 $
5/1£19	 	29, 914.oO 5
Total	119,658.39  $

MATIAMY ORlANDO LLC	18,971.47	18,971A7
DATE	DATE	Dmk	NET AMOUNT NIT AMOUNT GENERAL FUND SERIES2005 SERIES 2007
RECEIVED	DUE	 	Num	ASSES5ED	RECEIVED
10/19/18	11/1/18	8481	9,485.73  $      9,845.73	9,845.73

s	

2/1/19	4,742.37    $
 	 1 19	 	4,742.87 
Total	 	

LAND ACQUISmoN ONE u.c

DATE	DATE
RECEIVED	DUE	

Cll•d<
Num	18,971.47    $        1,145.73	9,845.?J

13,124.7§1	13,124.79

NET AMOUNT NET AMOUNT GENERAL FUND SERIES2005 SERIES2007
     ASSESSED	RECEIVED	
11/1/18		6,562.39	
2/1/19		3,281.20	
5/1/19		3,281.20	 		
Total		13 ,.124.79	

SUMMARY
TOTAL	GENERAL FUND SERIES 2005 SERIES 2007

TAX ROLL ASSESSED AMOUNT	$	920,309.36	300,561.36	276,642.00	341,100.00
DIRECT BILLED AMOUNT	$	640,856.01	417,399.21	163,560.00	59,896.80	
TOTAL	$ 1,561,165.37	717,966..51	440,202.00	402,996.80	
TAX ROU. ASSESSMENTS COLLECTED					
BOANERGE U.C
BR GRAND AT WESTSIDE DST	
24,257.0B	
24.257.08			
DH HORTON
HOVHANIAN MAGNOLIA AT WESTSIDE llC KB HOMES ORLANDO
GOLDEN CAY LLC
lAND ACQUtsmON ON£ llC
WESTSIDE COD HOLDINGS, INC. MATTAMYORLANDO LLC	

9,845.73	

9,845,73			
LAND ACQUtSmON ONE LLC					

DIRECT Bill ASSESSMENTS COUECTED	
34,102.81	
34,101.81			

VARIANCE	1.527,062.56	683,863.76	440,202.00	402,996.80	

SERIES 2018

$   230,006.72
$
$  no,oo&.n

230,006.72

11 

SECTION 3

Westside CDD
FY 2019
Direct Bill Status

District	Landownder	Total  O & M	Total Debt	Total Cue

18-25-27-3160-000A-0080			Nov	$59,829.19	$0.00	$59,829. 19	
(Former Fairwinds)	2005	$0	Feb	$29,914.60	$0.00	$29,914.60	
	2007	$0	May	$29,914.60	$0.00	$29,914.60	
			Total	$119,658.38	$0.00	$119,658.38	
OR Horton	$84,012	$0	$84,012	O&M	Debt	Total	
18-25·27-3160-0008-0040			Nov	$42,006.16	$0.00	$42,006.16	
2005	$415,856	Feb	$21,003.08	$0.00	$21,003.08	
2007	$135,432	May	$21,003.08	$0.00	$21,003.08	
				Total	$84,0U.31	$0.00	$84,012.31	
Golden Cay LLC	$18,341	$73,271	$91,612	O&M	Debt	Total	
07·25-27-5461-0001-00DO				Nov	$9,170.36	$36,635.56	$45,805.92	
200S	$52,640	Feb	$4,585.18	$18,317.78	$22,902.96	
2007	$20,631	May	$4,585.18	$18,317.78	$22,902.96	

Westside	Westskje COO Holdings	$119,658	$0	$119,658	O&M	Debt	Total	Paid

Paid

P81d

Total	$18,340.72	$73,271.12	$91,511.84

06·2S-27-5474-0001·0030			Nov	$24,257.08	$0.00	$24,257.08 Paid 10/29/18	
	200S	$0	Feb	$12,128.54	$0.00	$12,128.54	
	2007	$0	May	$12,128.54	$0.00	$12,128.54	

BRGrand at Westside	$48,514	$0	$48,514	O & M	Debt	Total	Paid

Total	$48,514.15	$0.00	$48,514.15

Land One Acquisition	$43,485	$0	$43,485	Nov	$21,742.63	$21,742.63 Paid 11/8/18	
182527316000080 110				Feb	$10,871.31	$10,871.31	
				May	$10,871.31	$10,871.31	

O &. M	Debt	Total	Paid

$41,943.00

2005
2007	$0

Total	$43,435.25	$43,485.25

Mattamy	$18,971	$18,971	O&M	Debt	Total	Paid
18·2S-27-4941-0001·F010	Nov	$9,485.74	$9,485.74 Paid 10/17/18
2005	$0.00	Feb	$4,742.87	$4,742.87
2007	$0.00	May	$4,742.87	$4,742.87
Total	$18,971.47	$18,971.47
Land One Acquisition	$13,12S	$0	$13,125	O&M	Debt	Total	Paid
19-25-27-3160-0008•0030	Nov	$6,562.40	$6,562.40 Paid 11/8/18
2005	$0.00	Feb	$3,281.20	$3,281.20
2007	$0.00	May	$3,281.20	$3,281.20
Total	$13,124.79	$13,124.79

Nov	$17,453.26	$75,092.84	$92,546.10	
0 &. M	$34,907	Feb	$8,726.63	$37,546.42	$46,273.05	
2005 Debt	$1 10,920	May	$B,n6.63	$37,546.42	$46,273.05	
2007 Debt	$39,266				$185,092.20	

O &. M	Debt	Total	Paid
Boanerge
07-25-27•5461·0001•0015